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Litle forms new payment processing company

Published on October 15, 2002.

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Lowell, Mass.--Direct marketing veteran Thomas "Tim" Litle Tuesday announced the launch of a payment processing company to serve direct marketers. Reviving the name Litle & Co., originally a payment processing company that he sold to First USA, Litle said the new volume-based service with updated technology will help merchants reduce the cost of credit card payment processing.